Triloma EIG Global Energy Fund begins investment operations
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Triloma EIG Global Energy Fund has announced that it has started investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction LLC.
The notes, which mature on 15 March 2022, are secured by a first lien security interest in substantially all of the assets of Sabine Pass. The project is supported by fixed price, 20-year LNG sale and purchase agreements (SPAs) with investment grade counterparties.
The first cargo of LNG was exported from the Sabine Pass Liquefaction project in February 2016.
Sabine Pass was formed in 2010 by Cheniere Energy Partners L.P., a publicly traded limited partnership and an indirect subsidiary of Cheniere Energy Inc., a publicly traded Houston-based energy company primarily engaged in LNG-related businesses.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/09032016/triloma-eig-global-energy-fund-begins-investment-operations-2095/
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